The Castle sold at auction

Wednesday

Dec 5, 2012 at 4:50 PM

One of Lexington's most recognizable structures, The Castle, was sold at auction Tuesday.

BY REBEKAH CANSLER MCGEEThe Dispatch

One of Lexington's most recognizable structures, The Castle, was sold at auction Tuesday. The Castle, 908 Country Club Drive, the home of Peggy Hinkle, had been listed on the market for $2.2 million, but Hinkle recently decided to put the house up for a live bid process, hosted by Concierge Auctions. After a month of anticipation and three days of an open house, seven bidders vied for the opportunity to own the unique 12-acre property."The Concierge team was very pleasant and easy to work with. They gave me confidence the entire way through," Peggy Hinkle said in a press release from Concierge Auctions. "I have many great memories in this house and am happy that the new family will now make it their own."For the privacy of their clients, Concierge Auctions does not publish the identity of the highest bidder, but Laura Brady, President of Concierge Auctions said the buyer was local. The property sold in cooperation with John-Mark Mitchell of The John-Mark Mitchell Group/eXp Realty of the Carolinas. Mitchell also represented the buyer, according to the press release.The sale prices of the home will eventually be released, but the final paperwork has to be complete before the auction company will publish the selling price."The sale price is confidential until the contract closes, which takes about 30 days," Brady said.The Castle boasts amenities not found in many other area homes, such as a movie theater, fitness studio, a Solarium, shooting gallery and a hidden gun room. In addition to the unique features, the home possesses six bedrooms and six bathrooms as well as a large garden, a veranda and a pool. One attached and two detached garages can accommodate up to 13 vehicles. “The home was built in 1988, modeled after the historic Graylyn Estate in Winston-Salem. An additional property in Winston-Salem was withdrawn prior to a scheduled auction and remains on the market, available for offers.”Rebekah Cansler McGee can be reached at 249-3981, ext. 228, or at rebekah.mcgee@the-dispatch.com.